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Thailand Cabinet Withdraws Casino Legalization Bill Following Political Upheaval

Officials said the withdrawal will give citizens time to understand the proposal’s social impacts before any reconsideration.

Overview

  • The cabinet officially pulled the “entertainment complex” bill on July 8, removing it from Parliament’s agenda.
  • Government whip Visuth Chainaroon said a motion to withdraw the bill will be raised on July 9 and no decision has been made on future reintroduction.
  • The retreat followed the Bhumjaithai Party’s departure from the ruling coalition and the suspension of Prime Minister Paetongtarn Shinawatra, which eroded the government’s majority.
  • Cabinet spokesman Jirayu Houngsub noted the need for extended public consultations to address worries over gambling addiction and money laundering.
  • The setback has disappointed investors such as Galaxy Entertainment Group, MGM Resorts and Las Vegas Sands, who eyed about 100 billion baht in projects and a 10 percent tourism boost.